Shares of Salisbury Bancorp, Inc. (NASDAQ:SAL) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $51.00 for the company and are anticipating that the company will post $0.65 EPS for the current quarter, according to Zacks. Zacks has also assigned Salisbury Bancorp an industry rank of 22 out of 265 based on the ratings given to its competitors.

Several analysts recently weighed in on SAL shares. Zacks Investment Research raised Salisbury Bancorp from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a report on Thursday, September 14th. ValuEngine cut Salisbury Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Finally, FIG Partners reissued an “outperform” rating and set a $51.00 price target (up from $48.50) on shares of Salisbury Bancorp in a report on Thursday, September 14th.

In other Salisbury Bancorp news, Director Michael D. Gordon sold 892 shares of Salisbury Bancorp stock in a transaction on Friday, November 24th. The stock was sold at an average price of $45.25, for a total value of $40,363.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Charles M. Andola sold 800 shares of Salisbury Bancorp stock in a transaction on Monday, November 27th. The shares were sold at an average price of $45.66, for a total value of $36,528.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,357 shares of company stock valued at $107,614. 19.14% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of SAL. ZPR Investment Management bought a new position in shares of Salisbury Bancorp in the 2nd quarter valued at $203,000. Shufro Rose & Co. LLC bought a new position in shares of Salisbury Bancorp in the 3rd quarter valued at $209,000. Dimensional Fund Advisors LP increased its stake in shares of Salisbury Bancorp by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,711 shares of the bank’s stock valued at $1,066,000 after purchasing an additional 490 shares during the last quarter. LSV Asset Management increased its stake in shares of Salisbury Bancorp by 3.7% in the 2nd quarter. LSV Asset Management now owns 6,400 shares of the bank’s stock valued at $265,000 after purchasing an additional 231 shares during the last quarter. Finally, Kennedy Capital Management Inc. increased its stake in shares of Salisbury Bancorp by 1.0% in the 2nd quarter. Kennedy Capital Management Inc. now owns 23,758 shares of the bank’s stock valued at $975,000 after purchasing an additional 231 shares during the last quarter. Institutional investors own 9.86% of the company’s stock.

Shares of Salisbury Bancorp (NASDAQ SAL) opened at $45.00 on Friday. The firm has a market capitalization of $125.38, a P/E ratio of 18.75 and a beta of 0.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.99 and a current ratio of 0.99. Salisbury Bancorp has a fifty-two week low of $37.00 and a fifty-two week high of $50.00.

ILLEGAL ACTIVITY NOTICE: “Zacks: Salisbury Bancorp, Inc. (SAL) Given Consensus Rating of “Strong Buy” by Brokerages” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.americanbankingnews.com/2018/01/06/zacks-salisbury-bancorp-inc-sal-given-consensus-rating-of-strong-buy-by-brokerages-2.html.

Salisbury Bancorp Company Profile

Salisbury Bancorp, Inc is a bank holding company for Salisbury Bank and Trust Company (the Bank). The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs).

Get a free copy of the Zacks research report on Salisbury Bancorp (SAL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Salisbury Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salisbury Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.